Bitcoin Struggles to Cross the 105k Barrier
The price has once again returned to the 98K zone, experiencing a nearly 4% drop in the last few hours and erasing the bullish pressure seen over the past four sessions.
Lateral Range: Neutrality persists between the resistance at 105k and the support at 91k, with oscillations failing to break these levels since late November 2024.
$105k: A nearby resistance zone crucial for the previous upward trend. A breakout above this level could reinforce the bullish outlook.
$91k: A key support zone that has twice prevented the formation of a new and fresh downward movement. Oscillations below this level could jeopardize the accelerated trend that BTC exhibited towards the end of 2024.
MACD: The indicator's histogram remains oscillating below the 0 level, demonstrating stronger bearish impulses that dominate the market. Oscillations very close to 0 could increase neutrality, making it challenging to break the current lateral range anytime soon.
-JP
Btcusdanalysis
BTCUSD Analysis is ready to fly This is a technical analysis of the BTC/USD (Bitcoin/US Dollar) market on the 4-hour timeframe, using Heikin Ashi candles. Below is a description of the chart analysis:
1. Trend and Pattern:
A bullish ascending channel is identified with price consistently moving higher within the blue boundaries.
A cup and handle pattern (yellow) suggests potential bullish momentum after a consolidation phase.
2. Key Levels:
Resistance Zones: Highlighted in purple at 104,008, 106,918, and 110,616, indicating potential target levels for upward movement.
Support Zone: Marked with a red "Stop Loss" level below the current price at approximately 96,000, acting as a risk management level.
3. Price Action:
The price has broken out of the consolidation zone and is now testing higher resistance levels.
Potential breakout scenarios are drawn, showing a pathway for price movement toward the upper resistance levels.
4. Targets:
First Target: 104,008.
Second Target: 106,918.
Final Target: 110,616.
5. Risk Management:
A stop-loss level is set below the previous swing low, ensuring a safety net if the price reverses
BTC 4H viewBTC H4
Kinda thinking we see something like this
As far as I'm concerned, BTC is trading in a range between about 90k and 105k
We also had a smaller range from mid-December until now, which price has just broken out from
In both ranges, we are trading at or above range high
Equal highs above so imo you gotta wait for those to be taken before shorting. But shit tons of liquidity below. We actually never really took any proper sellside liquidity when we revisited the lows in December, we basically printed some very awkward looking equal lows instead
Not saying we go to 90k this month lol, but it's definitely a target. I think bulls celebrating here are doing so prematurely. And I say that as someone with literally zero short exposure and high 6 figs of long exposure
Also conscious that the month, quarter, and year have just opened with a pretty huge pump. BTC is +$11k in a week (+12%). Would be surprised if price continued to chad higher without correction, these kind of moves to open a period often get retraced
tl;dr — treating this like a range and we're currently trading at range high so mild bearish bias or at least starting to risk off, up only to start the year, would be surprised if we run ATHs from here without some kind of correction
Bearish BTCOn the daily and weekly stochastic RSI is in the overbought zone.
Using fibonacci, on the daily, price has not finished out the fib sequence to the d extension and had less than a 38.2 pullback.
We hit a d extension on the monthly.
Still bearish on this pair at least to 77K = 38.2 up fib retracement zone with inclination toward further downside potential to 68K = 61.8 up fib retracement zone.
Bitcoin’s Prime is about to start!🚀 Bitcoin’s Prime really is about to start 🚀
It’s tough to predict the perfect top and exit before the inevitable pullback, but here's a strategy based on past patterns to help us ride the wave and exit before the bull run ends.
Historically, Bitcoin (BTC) tends to reach its peak 16–17 months after the Halving event, usually toward the end of the year. If this cycle holds true again, we could see the next peak around the end of 2025, with a massive price surge.
If this trend continues, our plan is to start selling off our bags in early Q4 2025 to lock in gains before the bull run fades.
#Bitcoin #Crypto #BTC
BTC - SHORT - Tempting but dangerous tradeBTC is facing a major resistance at 100k. I expect a drop at least in 4 hours timeframe. This is a very risky trade because shorting BTC and in a bull market is not at all advisable. Personally I think it will most likely go close to the POC (97500~) and then go up. Likewise, if the 91k is broken strongly, we will go to very low areas and it is very tempting to let it go. The weekly is still a latent possibility to go to low levels. But nothing is certain and we can easily go in any direction. I would not short BTC for a long time or with a high margin. So this trade must be constantly protected. Be careful.
TP 1: 96500 ~ 97500 (protect trade - POC)
TP 2: 93100 (support)
TP 3: 91600 (daily support)
BTC BULLISH???Hello everybody, today is weekend, so that i'm back with new idea of BTC.
As you know BTC ATH is $108k and LOW is $92k.
You know BTC has fallen after the making ATH at the price $108k, Its first time in history BTC has touched $108k.
BTC has touched GETTEX:92K 4-5 times and its the demand zone at the price of $92k. BTC was in downtrend but now the trend has changed, Now the trend is Bullish right??
So i'm gonna for long trade in BTC, my idea is BTC will fly, maybe it will make ATH again, because there is no opportunity for short.
ENTRY POINT : 97,816.13 and my trade is active, I have opened my trade.
STOP LOSS & TARGET : 95,788.65 and my Target is 102,466.
WHAT IS YOUR IDEA??
PLEASE SHARE YOUR IDEAS ON THIS POST.
STAY TUNE FOR EVERY UPDATE.
GOOD LUCK EVERYONE FOR THOSE, WHO HAS FOLLOWED MY IDEA.
Bitcoin's Bullish Breakout: Key Targets at $100,887 and $103khello guys!
Hunt Zones:
Two liquidity "hunt" zones are marked:
Hunt 1: A resistance level where sellers initially dominated.
Hunt 2: A support area where buyers stepped in to push the price higher.
Bullish Structure:
The price has created a higher low and is showing signs of bullish momentum.
The engulfing pattern indicates a strong buyer presence.
Key Levels:
$100,887: First significant resistance level, which could act as a decision point.
$103,010: Final target zone for the current bullish trend.
Expected Movement:
A breakout above the $100,887 resistance may lead to further upside toward $103,010.
Consolidation or pullback may occur at intermediate levels before continuing higher.
----------------------------------
Summary:
The outlook is bullish as long as the price remains above support levels near $97,000. Watch for price action around $100,887 for confirmation of further upward momentum.
$BTC and Altcoins: Should You Buy or Wait?It's been 45 days since Bitcoin reached $100k and 20 days since its all-time high of $108k. The market is currently moving sideways and remains below the key resistance zone. Unless we witness a breakout and increased trading volume, it's tough to predict the next move. However, one thing is clear: most altcoins experienced significant drops of 40%-60% during the December 9th market crash.
Since then, many altcoins have rebounded by 15%-30%, and a few have fully recovered. While it's uncertain if another major dip is coming, especially after such a steep 50% decline, I believe it's unlikely to happen and now could be an ideal time to start accumulating altcoins if you haven't yet.
The risk of staying out of the market is higher than the risk of being invested in altcoins at this moment.
Make sure you follow my socials, I'll be sharing a list of altcoins that will be doing well this season.
Please hit that like button to support nd share your views in the comment section.
Thank you
#cryptocurrency #Altcoins
MARA’s BTC Strategy and Bitcoin’s Path ForwardBitcoin miner MARA Holdings has made headlines with its innovative approach to leveraging its BTC reserves and exceeding its hash rate target. The company's December 2024 production update highlights strategic moves and technical achievements, providing a strong foundation for bullish sentiment on Bitcoin.
MARA’s BTC Lending Program: Fundamentals at Play
MARA revealed that 16.4% of its Bitcoin reserves, equivalent to 7,377 BTC worth approximately $730 million, has been deployed in short-term third-party loans to generate modest single-digit yields. This strategy underscores MARA’s dual approach of mining and buying Bitcoin to optimize its holdings. The company’s total reserves now stand at an impressive 44,893 BTC, valued at over $4.4 billion at current prices.
According to Robert Samuels, MARA’s vice president of investor relations, the lending program focuses on secure, short-term arrangements with well-established third parties. This initiative reflects a prudent approach to maximizing shareholder value while maintaining liquidity.
MARA’s production update also highlighted a milestone achievement: surpassing its energized hash rate target of 50 EH/s, reaching a peak of 53.2 EH/s. Despite a 2% decrease in BTC production due to a slight dip in mining “luck,” MARA’s overall strategy remains robust. CEO Fred Thiel emphasized the benefits of the company’s hybrid model, which combines mining and purchasing Bitcoin to enhance flexibility and long-term value.
Technical Analysis
As of writing, Bitcoin’s price has shown remarkable resilience, briefly reclaiming the $99,000 level before a slight retracement to $98,745. The technical indicators suggest a strong bullish trend:
1. RSI Strength: With the Relative Strength Index (RSI) at 62, Bitcoin exhibits momentum that could propel it to break key resistance levels.
2. Fibonacci Retracement: In the event of selling pressure or a correction, the $94,000 level—the 78.6% Fibonacci retracement—is poised to serve as a critical support zone.
3. Open Interest Surge: Open interest in Bitcoin futures has surged, driven by renewed institutional interest, particularly after Donald Trump’s presidential election victory. Firms like MicroStrategy (MSTR) are increasingly viewing Bitcoin as a hedge against inflation.
A Bullish Case
Bitcoin’s fundamentals are bolstered by several macroeconomic and geopolitical factors:
1. Institutional Adoption: Companies like MARA and MicroStrategy are doubling down on Bitcoin, reflecting growing confidence in its role as “digital gold.”
2. Hash Rate Milestones: Bitcoin’s monthly hash rate reached an all-time high in December, showcasing the network’s increasing security and resilience.
3. Political Developments: The anticipation of Donald Trump’s inauguration in January 2025 has spurred optimism in financial markets, with Bitcoin positioned as a safe haven against inflationary pressures.
Conclusion
With institutional adoption accelerating and macroeconomic conditions favoring digital assets, Bitcoin appears poised for a breakout. As MARA and other players continue to innovate, the cryptocurrency’s role as a cornerstone of the global financial system becomes increasingly evident. Investors and analysts should keep a close eye on the inauguration of Donald Trump and its potential market implications, as Bitcoin stands ready to capitalize on the evolving landscape.
Bitcoin - approaching the critical levelBitcoin is approaching the critical area. The price has retraced from $108k (ATH) on 17th Dec and retraced to $91325 retested the previous lower low on 26th Nov. The priced started the upside move to Fib 0.5 Level which is also the previous month mid price zone and it is now hovering over the previous week's high. The 4H candle needs to move decisively and closes above $99,800 region where the sell block is sitting for Btc to move up.
Momentum indicators in both 4H and daily are supporting the upside move initially to $104,433 region (Fib 0.786). Fib 0.786 often works as the very last line of defence for the bear so if there is not enough volume or momentum, the price often gets temporarily pushed down. If it breaks above 0.786, Btc has a very good chance of resuming the upward trend.
#BTCUSD 4HBTCUSD (4H Timeframe) Analysis
Market Structure:
Resistance Zone: The price is currently testing a key resistance area, showing signs of selling pressure.
Bearish Engulfing Area: A bearish engulfing candlestick pattern has formed near the resistance level, indicating potential downside movement.
Forecast:
Sell Opportunity: The presence of a bearish engulfing pattern at resistance suggests a possible rejection, signaling a short-term sell setup.
Key Levels to Watch:
Entry Zone: Near the resistance area after bearish confirmation.
Risk Management:
Stop Loss: Above the resistance zone or the high of the bearish engulfing candle to limit risk.
Take Profit Zones: Target the nearest support levels or Fibonacci retracement areas for downside targets.
Market Sentiment:
Bearish Bias: Selling pressure at resistance highlights a potential reversal, favoring short positions as long as the price stays below the resistance zone.
BITCOIN LONG TRADE SETUPA clear long trade entry was identified at $98,089 using the Risological Swing Trading Indicator .
The setup is already progressing positively, targeting levels:
TP1: $102,183.9
TP2: $108,809.5
TP3: $115,435.1
TP4: $119,529.7
Key Stats:
Current volume: 16.01K
30-day average volume: 96.64K
The trade setup aligns with a strong upward trend, providing excellent potential for hitting all targets efficiently.
Bitcoin , next target Evening folks, sorry for being absent I’m ridiculously busy with my businesses and new year , btw wish you all the best and a year of getting massive mountain of money lol . Keeping my chart simple you I wont cause confusion. Bitcoin has like two weeks in the worse scenario to range or fall before going and tap 150k or somewhere around. In the good scenario it goes up from here , I’ve put two box to get the bitcoin in case of a fall but deep down I see it unlikely to happen as altcoins look sh! T , I see it as a surprise run and leave people behind most likely but anyway who knows . Keep those areas in mind and see them as a chance . Bullrun isn’t over and it’s just warming up. Stay safe lads
Bitcoin (BTC): Rise up to $135,000 or drop to $80,000-$90,000The current market situation is uncertain. The market often moves contrary to public sentiment. Currently, most expect a correction. ETF inflow/outflow data indicates significant outflows from December 19, 2024, to January 2, 2025, which is evident in the BTC chart. On January 3, 2025, there was an inflow of $905M.
In a bearish scenario, panic could dominate the market, making it difficult for BTC whales to sustain distribution above $100,000. However, if a bullish scenario unfolds, the $91,000–$108,000 zone could act as a strong support level after a price increase to $135,000 or the 161.8% Fibonacci level. This bullish scenario would become even more significant if the growth aligns with major international events at the end of January, February, or March. 👀
1. Bullish Scenario:
The price breaks through the current resistance levels, targeting up to $136,000 or the 161.8% Fibonacci level.
2. Bearish Scenario:
A correction to the $80,000–$90,000 range or the 38.2-61.8% Fibonacci levels, with a potential test of the $88,000 support level aligned with the 800 EMA.
👇
About Me:
I maintain a personal trading journal. I don't possess extrasensory abilities or insider information.
Disclaimer:
Trading involves risk—always do your own research and seek professional advice. We are not responsible for any financial losses. #DYOR
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